To offset rising fuel costs and prevent flight cancellations, American Airlines is aggressively retrofitting its fleet to prioritize high-yield premium seating over standard economy.
Barclays is reducing residential purchase and remortgage rates by up to 0.43%. Key cuts include three-year fixes at 95% LTV dropping to 5.42% and select five-year fixes falling by 0.19%, aiming to improve affordability for buyers and existing customers.
Dell stock 36% in after raising its annual sales outlook to $167B, fueled by explosive demand for its AI-powered servers.
Huawei is bypassing U.S. sanctions by shifting focus from shrinking transistors to increasing signal speed via Tau Scaling and LogicFolding.
Anthropic raised $65B, reaching a $965B valuation and surpassing OpenAI. The firm targets $47B in annual revenue as it scales AI infrastructure ahead of a planned IPO.
IBM is launching Project Lightwell, a $5 billion initiative to secure open-source software using AI and human expertise. It launches within 30 days as a commercial service.
US charges a Google engineer with insider trading for making $1.2M on Polymarket using confidential data to rig bets on the year's most-searched lists.
SpaceX limits Anthropic's Colossus AI lease to 6 months. Musk states this ensures SpaceX retains compute capacity for internal needs amid its recent IPO push.
Beijing is launching 51 pilot projects to embed AI into its power grid, aiming to boost efficiency as global computing demands strain electricity supplies.
With its proxy war over, new CEO Heidi O'Neill inherits $1.8B in cash to update products, fight rivals, and win back US shoppers.
Nvidia CEO Jensen Huang declared Taiwan the epicentre of the AI revolution, breaking ground on a new Taipei HQ set to open by 2030.
The U.S. granted Volvo Cars a specific exemption to keep selling connected vehicles, dodging a strict ban on China-linked software and hardware.
Micron surged 19% to top a $1T market cap after UBS tripled its price target to $1,625, citing a structural, AI-driven shift in memory chip demand.
Japan approved $3B to slash household power and gas bills for three months starting July, fighting soaring fuel prices from the Middle East war.
Hong Kong hit $2.95T in cross-border wealth, topping Switzerland for the first time via China ties and a 2025 IPO boom.
The ECB is urging banks to speed up IT security patching after Anthropic's new Mythos AI tool exposed global banking vulnerabilities by chaining lower-risk bugs.
Meta, Broadcom, and other tech firms are launching a $125 million semiconductor research hub at UCLA to accelerate AI chip innovations and train future engineering talent.
Japan's Nikkei fell 0.25% to 64,996.09, retreating from a record high as investors booked profits and rising oil prices weighed on sentiment.
Trump's economic legacy is tied to newly installed Fed Chair Kevin Warsh, as rising inflation and interest rates hurt consumer sentiment ahead of midterms.
Foreign-branded phone shipments in China grew 1.8% in April to 3.59 million units, while overall phone shipments rose 2.8% to 25.73 million.
Walmart is seeing a shift in its leadership ranks as Sam's Club COO Tom Ward retires and U.S. store operations EVP Cedric Clark departs the company.
Berkshire Hathaway's latest 13F filing reveals a significant portfolio overhaul by new CEO Greg Abel, characterized by a sharp reduction in total stock holdings.
Nissan subsidiary JATCO has scrapped a £48.7 million project to build EV powertrains in Sunderland, UK.
DHL, FedEx, and UPS are urging EU ministers to phase in new low-value package duties.